Question

In what scenario would a ledger be more helpful than a trial balance?

Options

• Identifying errors in debit and credit totals.

• Checking the details of a specific account.

• Verifying the classification of accounts.

• Ensuring double-entry principles are followed.

Answer 1

Checking the details of a specific account.

Explanation:

A ledger contains detailed information about individual accounts (such as cash, sales, purchases, debtors, creditors, etc.). If you need to see all transactions related to a particular account, the ledger provides that information.